§ 226. Application of proceeds
The airport manager shall pay the balance of the proceeds of the sale, if any, after payment of liens and the reasonable expenses incident to the sale, to the owner or lienholder of the aircraft or aircraft component, if claimed at any time within one year from the date of the sale. If the owner or lienholder does not claim the balance within one year, the airport manager shall retain the proceeds. (Added 2017, No. 158 (Adj. Sess.), § 10.)
Structure Vermont Statutes
Title 5 - Aeronautics and Surface Transportation
Chapter 9 - General Provisions; Abandoned Aircraft
§ 204. Powers of Agency generally
§ 205. Duties of Agency generally
§ 206. Federal and other monies received; deposit, designation, appropriation, and disbursement
§ 207. Registration; licenses, certificate of approval
§ 207a. Carrying and inspection of airman license
§ 209. Payment for acquisition of land
§ 211. Appropriation from taxes on aircraft fuel
§ 223. Lien; right to contest costs
§ 224. Right of owner to reclaim